by Phil Hoover, Real Estate Broker

Boise Homes For Sale: MLS Area 0650 (West Boise/Garden City)

Here’s a breakdown of our current West Boise/Garden City listing inventory.

  • Total  Available: 130
  • Average Asking Price: $168,841
  • Median asking price: $141,000
  • Short Sale Listings Available: 58
  • Real Listings Available: 72
  • REO Listings Available: 11
  • Months’ Supply (all listings): 2.4
  • Months’ Supply (real listings): 1.3

Data extracted from Intermountain MLS on 2/4/12.

Data pertains to single-family homes on lot/acreage; data does not include condo/townhome properties.

Months’ supply is calculated by dividing the past twelve months’ average number of closed sales per month into the available listings.

Real listings are defined as listings that can be purchased and closed in a reasonable time (excludes short sale listings).

 

February 7th, 2012 Posted in Boise Market Stats | Print This Post Print This Post | No Comments »

Boise Homes For Sale: MLS Area 0600 (West Boise)

Here’s a breakdown of our current West Boise listing inventory.

  • Total  Available: 79
  • Average Asking Price: $141,708
  • Median asking price: $129,900
  • Short Sale Listings Available: 27
  • Real Listings Available: 52
  • REO Listings Available: 7
  • Months’ Supply (all listings): 2.8
  • Months’ Supply (real listings): 1.8

Data extracted from Intermountain MLS on 2/4/12.

Data pertains to single-family homes on lot/acreage; data does not include condo/townhome properties.

Months’ supply is calculated by dividing the past twelve months’ average number of closed sales per month into the available listings.

Real listings are defined as listings that can be purchased and closed in a reasonable time (excludes short sale listings).

 

February 6th, 2012 Posted in Boise Market Stats | Print This Post Print This Post | No Comments »

On The Road Again: Cannon Beach, Oregon

We spent four days at one of our favorite places last week ~ Ocean Lodge at Cannon Beach, Oregon.

We stayed in Room #112, our favorite ground floor room just a few steps from the beach.

Our intent was to experience the coast during a raging Winter storm, but instead, we had excellent weather.

Oh well!

Ocean Lodge

Ocean Lodge

Beach Access

Beach Access

Haystack Rock

Haystack Rock

 

February 5th, 2012 Posted in On The Road Again | Print This Post Print This Post | No Comments »

Is Housing The New 3rd Rail of Politics?

Social Security reform used to be considered the 3rd rail of politics.

Touch that rail and your campaign was dead if you were running for office.

Now, housing seems to have replaced Social Security as the 3rd rail of politics.

Why aren’t any of the presidential candidates talking about solutions for our struggling national housing industry?

Do the candidates think the issue is unimportant?

Or, is it because they can’t come up with any solutions?

It should be apparent to everyone by now that low interest rates alone will not propel our housing market back to health.

How about some ideas, guys?

 

February 4th, 2012 Posted in Inside Real Estate | Print This Post Print This Post | No Comments »

Boise Homes For Sale: MLS Area 0500 (South Boise)

Here’s a breakdown of our current South Boise listing inventory.

  • Total  Available: 52
  • Average Asking Price: $188,258
  • Median asking price: $160,945
  • Short Sale Listings Available: 23
  • Real Listings Available: 29
  • REO Listings Available: 1
  • Months’ Supply (all listings): 1.9
  • Months’ Supply (real listings): 1.0

Data extracted from Intermountain MLS on 1/29/12.

Data pertains to single-family homes on lot/acreage; data does not include cond0/townhome properties.

Months’ supply is calculated by dividing the past twelve months’ average number of closed sales per month into the available listings.

Real listings are defined as listings that can be purchased and closed in a reasonable time (excludes short sale listings).

 

February 3rd, 2012 Posted in Boise Market Stats | Print This Post Print This Post | No Comments »
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